Royal Bank Of Canada Issues Pessimistic Forecast for DuPont de Nemours (NYSE:DD) Stock Price

DuPont de Nemours (NYSE:DD) had its price objective reduced by investment analysts at Royal Bank Of Canada from $180.00 to $176.00 in a report issued on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the basic materials company’s stock. Royal Bank Of Canada’s price target suggests a potential upside of 22.45% from the stock’s previous close.

Several other brokerages have also recently commented on DD. The Goldman Sachs Group upped their target price on DuPont de Nemours from $53.00 to $159.00 and gave the company a “neutral” rating in a report on Thursday, June 25th. BMO Capital Markets boosted their price target on shares of DuPont de Nemours from $75.30 to $180.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Zacks Research lowered shares of DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 17th. Bank of America reduced their price objective on shares of DuPont de Nemours from $150.00 to $141.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 21st. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of DuPont de Nemours from $174.00 to $180.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Twelve equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $165.13.

DuPont de Nemours Trading Down 0.2%

DD traded down $0.32 during midday trading on Friday, hitting $143.74. 400,126 shares of the company were exchanged, compared to its average volume of 1,451,549. The firm has a market capitalization of $19.41 billion, a P/E ratio of 319.71, a P/E/G ratio of 1.37 and a beta of 1.06. DuPont de Nemours has a 1-year low of $87.26 and a 1-year high of $157.98. The firm’s 50 day moving average price is $139.76 and its 200-day moving average price is $140.53. The company has a quick ratio of 2.11, a current ratio of 2.43 and a debt-to-equity ratio of 0.23.

DuPont de Nemours (NYSE:DD) last issued its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.12. DuPont de Nemours had a return on equity of 6.92% and a net margin of 0.67%.The company had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the prior year, the firm posted $1.12 earnings per share. The business’s quarterly revenue was up 4.0% on a year-over-year basis. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. As a group, equities analysts forecast that DuPont de Nemours will post 7.25 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Commerzbank Aktiengesellschaft FI acquired a new stake in DuPont de Nemours in the second quarter worth $237,000. Trust Co. of Vermont bought a new position in shares of DuPont de Nemours during the 2nd quarter worth about $420,000. Contravisory Investment Management Inc. bought a new position in shares of DuPont de Nemours during the 2nd quarter worth about $74,000. Elevation Wealth Partners LLC grew its stake in shares of DuPont de Nemours by 168.5% in the 2nd quarter. Elevation Wealth Partners LLC now owns 239 shares of the basic materials company’s stock valued at $32,000 after buying an additional 150 shares during the period. Finally, PensionDanmark Pensionsforsikringsaktieselskab acquired a new stake in shares of DuPont de Nemours in the 2nd quarter valued at about $2,800,000. 73.96% of the stock is owned by institutional investors.

DuPont de Nemours Company Profile

DuPont de Nemours (NYSE: DD) is a global science and engineering company that develops and supplies specialty materials, chemicals and industrial biosciences for a wide range of markets. Headquartered in Wilmington, Delaware, the company traces its origins to 1802 and has evolved through more than two centuries of innovation. In recent history DuPont participated in a major combination with Dow Chemical and subsequent reorganization that refocused the company on differentiated, specialty businesses built around science-based solutions.

DuPont’s operations center on advanced materials and technologies used by manufacturers and OEMs in industries such as transportation, electronics, construction, industrial manufacturing and worker safety.